Sasol Integrated Report 2024 - Book - Page 46
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
BUSINESSES
ESG
DATA AND ASSURANCE / ADMINISTRATION
REMUNERATION REPORT
MATERIAL MATTERS continued
ENVIRONMENTAL STEWARDSHIP
HELP
HINDER
• Managing and meeting our air quality compliance obligations
• Procuring renewable energy
• Continued focus on improving our environmental footprint
• Regulatory timelines at risk
• Cost of transition and adaptation
Why this is a Material Matter
We need to operate within the regulatory and policy frameworks to maintain
our licence to operate and be proactive in going beyond compliance.
Group top priority
Safe, efficient and reliable operations
Impact of Material Matter
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Risk
MEDIUM- TO LONG-TERM BUSINESS VIABILITY AND SUSTAINABILITY
GROUP TOP RISK 2: SUSTAINABILITY AND TRANSITION
For more detail refer to Risk management page 28.
The bulk of our Southern African Operations remain dependent on coal
as a primary feedstock, and this makes up the greatest portion of
our contribution to the relevant airsheds. In addressing this we have
implemented initiatives and taken actions. This includes but is not
limited to:
• Technical solutions being pursued
• Renewable energy procurement identified as a key intervention initiative
– 1,2 GW by 2030, with >757 MW procured during FY24
• Short-term water targets set and monitored for remedial action
• Continued the process of creating a baseline understanding for circularity
• ESG questionnaire sent to suppliers in South Africa
• Renewable energy uptake targets
• Setting biodiversity targets
• Short-term water targets
• Baseline understanding of circularity at Sasol
Mitigating actions
Metrics
Short term
Medium term
Long term
Earnings
Growth
Long-term viability
Stakeholder commitments
Sustainability
Reputation
Addressing our GHG emissions is crucial to our sustainability.
OPPORTUNITIES
• Protecting our licence to operate
• Improved environmental footprint will positively impact our ESG ratings, increasing
investment attractiveness
• Pursue emerging sustainable opportunities
SASOL INTEGRATED REPORT 2024
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